Economy

BRICS faces divisions over expansion, common currency off the table

China urges expansion, says hegemony is not in its DNA

BRICS nations enjoy higher combined GDP than the G7

GDP per capita is still low in comparison

CBUAE’s total foreign assets reach AED592.11 bn in June 2023

Central Bank's public budget soared by 32.15 percent

UAE imposes AED76.9 mn in penalties on 225 companies for money laundering

goAML system combats money laundering and terrorist financing

BRICS: Empowering the global south and challenging Western hegemony

A discussions regarding a BRICS currency will not take place

India pushes de-dollarization with UAE

Moves also aim to strengthen Rupee and reduce hard currency outflows    

Where do remote workers want to live most? Dubai

39 percent of global workers will adopt hybrid work by the end of 2023

Saudi, UAE, Kuwait and Qatar household wealth among highest globally

Ratio of household debt to gross assets 5.5% in Saudi and 7.8% in UAE

Egypt’s stock market hits new high, gold recovers

The flagship EGX30 index grew by 0.54 percent

Federal Reserve: Policymakers split over rate hike

Commitment to bring inflation down to the target rate of two percent

Investing in minds: The imperative for quality education amid challenges  

Each year, a quarter billion children worldwide are denied access to education

Is an MBA degree still the key to success in an AI-driven world? 

Top MBA programs are offering courses and specializations in data analytics, AI

Strathclyde Business School: Adapting to a changing business landscape

MBA programs serve to enhance career prospects in competitive market

Alef Education: Shaping the future of education

Company leverages technology and innovation to enhance learning experiences

China: A global catalyst no more?

China's economic growth stalls amid uncertainties